The Fed explores a digital dollar

The Fed explores a digital dollar

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Bytes: Week in Review — TikTok shutdown, Biden’s AI policies and Zuckerberg asks Trump for a favor

On this week’s Marketplace “Tech Bytes,” we’ll dive into President Joe Biden’s executive order on artificial intelligence plus a request Meta CEO Mark Zuckerberg made to President-elect Donald Trump. But first, tech news site The Information reported that TikTok plans to complete ...  Show more

With OpenAI seeking profits, activist seeks payback to the public

A battle is brewing over the restructuring of OpenAI, the creator of pioneering artificial intelligence chatbot ChatGPT. It was founded as a nonprofit in 2015 with the goal of developing AI to benefit humanity, not investors. But advanced AI requires massive processing power, whi ...  Show more

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The Federal Reserve and the Future of Digital Currency
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Sunayna Tuteja, the Fed's first Chief Innovation Officer, joins the show in her first interview to discuss how the central bank is approaching the development of a digital currency, and how it plans to regulate cryptocurrency. Plus, the first Bitcoin-related ETF started trading i ...  Show more

The digital currency race
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Central banks and many companies are rushing to develop their own digital currencies. Why are they doing it? What are the risks? And how might it upend our relationship with money? Ed Butler speaks to Jay Joe, who runs a company providing some of the tech behind the Bahamas’ new ...  Show more

Do digital currencies need policing?
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The International Monetary Fund (IMF) has warned that the stability of some countries’ financial systems could soon be at risk because of unregulated crypto assets. Cryptocurrencies and other digital financial products created using blockchain technology are proliferating. They’r ...  Show more

BREAKDOWN: Will a US Digital Dollar Protect Privacy?
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A digital dollar hearing today in Congress could provide insight into the future of USD. This episode is sponsored by Nexo.io and Bitstamp. The question of digital currencies is a question of power. On today’s episode, NLW explores that power in multiple dimensions: between state ...  Show more